What Are Economic Damages?

When you’re hurt by someone’s carelessness, recovering from your injuries can be expensive. You need funds that cover all your losses, but that can be difficult to do. How do you know what your future expenses will be and how do you know what compensation you’re entitled to?

Luckily, the lawyers at Albright, Stoddard, Warnick & Albright can help. Check out the tips below to learn more about what economic damages are and how we can win them for you.

Types of Damages

When you’re hurt in a Las Vegas accident, you may be due funds for the losses you suffered because of the accident. This compensation, also called damages, should include any and all losses you’ve suffered in the accident.

While non-economic damages cover the intangible suffering you’ve experienced, economic damages have specific costs. These damages may include any bills for your treatment and care or any repairs or expenses you’ve had to make.

How to Calculate Your Economic Damages

Economic damages may seem easy to calculate. You just add them up and include them in your Las Vegas personal injury claim, right? But it’s easy to skip an important expense or underestimate the costs of your ongoing treatment. If this happens, you may be left paying out of pocket for your expenses.

Let’s say you suffered a traumatic brain injury. You may have needed emergency surgery right after the accident, but what about the long-term costs of your injuries? Your lawyer can help you estimate these costs fairly for planned treatments and future costs.

Get Your Max Compensation with a Las Vegas Injury Lawyer

A serious injury can haunt you and your bank account for years after your Las Vegas accident. If you don’t seek fair compensation, you may be left paying out of pocket for years. Unfortunately, you may also still have questions like, “What are my economic damages?”

You can instead ask, “How can the lawyers at Albright, Stoddard, Warnick & Albright help?” Our legal staff will represent you to seek your maximum compensation. Start with a free consultation by calling 702-384-7111 or by completing the online contact form below.